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Meilin (美林 / 美琳)
This wave of ETH trading can be described as a flash crash📉
The extent and speed of the drop far exceeded external expectations
The resistance levels to watch next are
A consolidation zone at 2230-2260
A neckline zone at 2320-2350
All the long positions for this wave of ETH were taken profit near the highest point
As for short positions, leave that to BTC
ETH hasn't rushed to trade this wave yet; it currently looks relatively weak, so you can continue to re-enter the short positions previously
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